![]() Schwinn continued growing his company and upgrading existing bicycle models. He decided to develop the children’s bicycle production in addition to adult models. ![]() The motor vehicle development further reduced the demand for bicycles, so Schwinn Bicycle Company was forced to change its business policy once again. Meanwhile, his partner gave up, and Schwinn became the only owner after buying his share. He bought a few smaller bicycle companies and started mass production at a significantly lower price. Such a situation inspired Schwinn to change his business strategy. As early as 1905, bicycle production fell to only 25% of the initial output, resulting in many closed factories. Unfortunately, the cycling boom was short-lived. Thanks to thirty newly opened factories, Chicago became the bicycle industry center. The company’s founding coincided with increased interest in bicycles across America, and the US bicycle production had grown to over a million pieces a year by 1900. ![]() In 1891, he emigrated to America and teamed up with Adolf Arnold in 1895 to establish their own bicycle company. Ignaz wasn’t a novice in this business because he started working on the original two-wheeled bicycle models in his native Germany. They produced excellent bikes from the very beginning and stayed a synonym for quality in the bicycle industry for more than a century. Ignaz Schwinn and Adolph Arnold founded the Arnold, Schwinn & Co.
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